Can I retire at age 50 with 814,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $814,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$67,219$66,621$66,036$65,466$64,910$64,636
2 years$33,277$32,657$32,057$31,474$30,909$30,633
3 years$21,964$21,342$20,743$20,166$19,610$19,340
4 years$16,309$15,688$15,095$14,528$13,986$13,724
5 years$12,917$12,300$11,715$11,159$10,632$10,379
6 years$10,656$10,044$9,467$8,924$8,413$8,168
7 years$9,042$8,435$7,867$7,337$6,842$6,607
8 years$7,832$7,230$6,672$6,155$5,676$5,450
9 years$6,891$6,295$5,747$5,243$4,780$4,563
10 years$6,139$5,549$5,010$4,519$4,073$3,865
11 years$5,524$4,940$4,411$3,933$3,503$3,304
12 years$5,012$4,434$3,914$3,450$3,035$2,846
13 years$4,579$4,007$3,497$3,046$2,647$2,466
14 years$4,208$3,642$3,142$2,704$2,320$2,148
15 years$3,887$3,327$2,837$2,411$2,043$1,879
16 years$3,606$3,053$2,572$2,159$1,806$1,649
17 years$3,359$2,811$2,341$1,940$1,601$1,452
18 years$3,139$2,598$2,137$1,748$1,423$1,283
19 years$2,943$2,408$1,956$1,580$1,269$1,135
20 years$2,767$2,237$1,795$1,431$1,133$1,007
21 years$2,607$2,084$1,651$1,298$1,014$894
22 years$2,462$1,945$1,522$1,180$909$796
23 years$2,330$1,819$1,405$1,075$816$709
24 years$2,210$1,705$1,300$981$733$633
25 years$2,099$1,600$1,204$895$660$565
26 years$1,996$1,503$1,116$819$595$505
27 years$1,902$1,415$1,037$749$536$452
28 years$1,814$1,333$964$687$484$404
29 years$1,733$1,258$897$630$437$362
30 years$1,657$1,188$835$578$395$325
31 years$1,586$1,123$779$531$357$291
32 years$1,520$1,063$727$488$323$261
33 years$1,458$1,006$678$449$292$235
34 years$1,399$954$634$413$264$211
35 years$1,345$905$593$380$239$189
36 years$1,293$859$554$350$217$170
37 years$1,244$815$519$322$197$153
38 years$1,198$775$486$297$178$137
39 years$1,154$737$455$274$162$124
40 years$1,113$701$427$253$147$111
41 years$1,074$667$400$233$133$100
42 years$1,036$636$375$215$121$90
43 years$1,001$606$352$199$110$81
44 years$967$577$331$183$99$73
45 years$935$550$310$169$90$66
46 years$904$525$292$156$82$59
47 years$875$501$274$145$74$53
48 years$847$478$257$134$68$48
49 years$820$457$242$123$61$43
50 years$795$436$227$114$56$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $814,000, adding $3,323 every year, while hoping to spend $43,648 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 61/31/8 Blend
49$814,000$814,000$814,000$814,000
50$900,456$857,314$844,697$953,659
51$945,861$852,881$826,553$985,234
52$994,435$846,768$806,338$1,014,344
53$1,046,454$838,847$783,938$1,045,005
54$1,102,223$828,981$759,230$1,077,368
55$1,162,075$817,026$732,089$1,111,598
56$1,226,375$802,829$702,383$1,147,882
57$1,295,526$786,228$669,973$1,186,425
58$1,369,968$767,052$634,716$1,227,457
59$1,450,186$745,118$596,460$1,271,231
60$1,536,711$720,235$555,047$1,318,029
61$1,630,127$692,198$510,313$1,368,165
62$1,731,077$660,793$462,086$1,421,985
63$1,840,267$625,792$410,186$1,479,876
64$1,958,471$586,953$354,424$1,542,265
65$2,086,543$544,021$294,605$1,609,626
66$2,225,420$496,728$230,524$1,682,485
67$2,376,133$444,787$161,966$1,761,425
68$2,539,815$387,899$88,709$1,847,092
69$2,717,715$325,745$10,520$1,940,202
70$2,911,204$257,988$0$2,041,547
71$3,121,792$184,275$0$2,158,232
72$3,351,140$104,229$0$2,286,367
73$3,601,075$17,455$0$2,426,153
74$3,873,609$0$0$2,578,807
75$4,170,957$0$0$2,771,757
76$4,495,554$0$0$2,988,948
77$4,850,084$0$0$3,226,229
78$5,237,500$0$0$3,485,583
79$5,661,052$0$0$3,769,196
80$6,124,320$0$0$4,079,471
81$6,631,245$0$0$4,419,058
82$7,186,168$0$0$4,790,872
83$7,793,867$0$0$5,198,125
84$8,459,604$0$0$5,644,353
85$9,189,175$0$0$6,133,452
86$9,988,964$0$0$6,669,709
87$10,865,999$0$0$7,257,850
88$11,828,024$0$0$7,903,078
89$12,883,567$0$0$8,611,125
90$14,042,022$0$0$9,388,303
91$15,313,735$0$0$10,241,567
92$16,710,105$0$0$11,178,577
93$18,243,688$0$0$12,207,771
94$19,928,314$0$0$13,338,447
95$21,779,221$0$0$14,580,844
96$23,813,194$0$0$15,946,244
97$26,048,726$0$0$17,447,077
98$28,506,190$0$0$19,097,037
99$31,208,030$0$0$20,911,208
100$34,178,976$0$0$22,906,212